RSS   Newsletter   Contact   Advertise with us

Bulgaria-Greece gas pipeline launches $145m euros tender for construction

Share on Twitter Share on LinkedIn
Staff Writer | May 2, 2018
ICGB launched the public procurement procedure with subject matter “Design, procurement and construction of the Natural Gas Interconnector Greece-Bulgaria (IGB Project)”.
Bulgaria-Greece gas pipeline
Energy   Natural Gas Interconnector Greece-Bulgaria
The estimated value of the public procurement is 145 000 000 (one hundred forty-five million) EUR exclusive VAT and the term for implementation of the public procurement is 18 months as of start of implementation.

The selection of a Contractor will be made through restricted procedure under the Public Procurement Act (PPA) in two phases – pre-selection phase and second phase – review, evaluation and ranking of offers.

The selection of a restricted procedure has been imposed by the complex nature of the subject matter of the Public procurement which includes detailed design and construction of a big technical facility for gas transmission with forward flow from Greece to Bulgaria and capability for reverse flow from Bulgaria to Greece.

Through a preliminary selection ICGB will assess and determine the Candidates which have the required financial and technical capacity to implement the subject matter of the Public procurement according to the set requirements.

Considering the international nature of the project, the Project Company has chosen to use the standard FIDIC, Silver Book, adapted to the specific case, for the construction of an object in a cross-border context, as a whole project implemented in both territories - Greece and Bulgaria.

FIDIC's standard contractual terms have also been chosen and, by virtue of their nature, an international, recognizable standard and best practice for awarding contracts of this scale.

The Decision and the Contract Notice for the public procurement has been sent for publication to the Registry of Public Procurement of Bulgaria’s Public Procurement Agency as well as to the Official Journal of the European Union on 30 April 2018.


 

MORE INSIDE POST